Business

UK Autumn Budget brings new pressures for retail

Rachel Reeves delivered her first Autumn Budget under intense scrutiny on Wednesday, after the Office for Budget Responsibility (OBR) accidentally published key details hours before the Chancellor addressed Parliament. The package outlines 26bn pounds in new tax rises, building on last year’s 40bn pounds increase, and places UK retail and...

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Retail

Tech for Retail Awards 2025: Innovations revolutionising the shopping experience

At the 'Tech for Retail 2025' trade fair in Paris, Albatross, Neuralk, POWER.xyz, and Dealt were recognised for their technological innovations. The start-ups impressed with real-time AI, predictive analytics, generative 3D content and home-related services. These solutions are designed to make retail more efficient, personalised, and...

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Could Egypt be the next garment producing hub by 2035?

In the first four months of 2025, Egypt’s readymade garment (RMG) exports reached the milestone of crossing the 1 billion US dollar mark. After food and beverages, the textile and garment industry is the second-largest industrial sector in Egypt today. In 2024, the country’s textile exports grew by almost one fifth (18 percent) to 2.84 billion...

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Guess Q3: Revenue up, net earnings positive ahead of delisting

Guess, Inc. reported a strong third-quarter performance for the period ended November 1, 2025, posting higher revenue and a return to profitability even as it moves toward a proposed take-private transaction with Authentic Brands Group. Chief executive officer Carlos Alberini said the company delivered encouraging results, citing 7 percent...

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